Mufg Securities Americas Inc. Invests $11.02 Million in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Mufg Securities Americas Inc. purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the exchange traded fund’s stock, valued at approximately $11,019,000. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 0.7% of Mufg Securities Americas Inc.’s portfolio, making the stock its 18th largest position.

Several other institutional investors have also recently added to or reduced their stakes in LQD. Jessup Wealth Management Inc acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at $33,000. Comprehensive Financial Planning Inc. PA raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 214 shares in the last quarter. EQ Wealth Advisors LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at $41,000. Ares Financial Consulting LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at $51,000. Finally, Zions Bancorporation National Association UT acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at $75,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD opened at $109.01 on Monday. The stock has a market capitalization of $30.89 billion, a PE ratio of 32.25 and a beta of 0.44. The firm’s fifty day moving average price is $108.93 and its 200 day moving average price is $109.89. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $106.93 and a 12-month high of $112.93.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.